Venpace

What is Venpace?

Venpace is a venture capital firm based in Cologne, Germany, specializing in early-stage and seed investments with a focus on redefining the insurance sector. They develop digital business models for the insurance industry and invest in groundbreaking ideas in the market, fostering innovative solutions and assisting founding teams in sustainable scaling.

With a unique ecosystem, Venpace reimagines the insurance industry by acting as a partner or impulse provider to implement promising business models with expertise and passion. In company building, they collaborate with their partners to identify challenges and opportunities in tomorrow's insurance industry, develop innovative business models, and establish them as startups. Moreover, their venture investment arm seeks passionate founding teams that create value in the insurance sector with creative ideas and digital solutions, focusing on pre-seed and seed stage startups.

Venpace's fund investors, including IDEAL Versicherung, PrismaLife, Provinzial, and Vienna Insurance Group, cover a wide range of insurance fields and contribute diverse perspectives on current industry developments and trends that drive innovation. The investment sweet spot for Venpace is startups in the pre-seed and seed phase. Alongside crossbuilders, their idea forge and startup professionals, Venpace has success in founding, implementing, and managing ventures with fellow companies crossventures and DvH Ventures, with a track record in the financial sector.

Their additional cooperation partners provide network access, industry expertise, and startup know-how.

The portfolio companies are shaping the digital insurance industry, providing solutions in fraud detection, digital legacy planning, comprehensive digital care platforms, pension provision distribution, fully digital insurance products, modern property management, customer data update software, on-site health screenings, and AI-based digital workshops for vehicle diagnostic and repair.

The team at Venpace includes industry experts with experience in venture capital, company building, and sales/marketing, providing strong support to portfolio companies and helping them navigate early stages in the insurance industry.

As more than just capital providers, Venpace offers resources for ideas to emerge and flourish, including implementation, network integration, infrastructure access, and seed investments of up to €500,000, with participation in subsequent funding rounds.

What they say:

We invest in early-stage tech startups (pre-seed & seed) who deliver value to insurance industry and their customers.